105 Montgomery Avenue , A2 #2051

Description

This handicapped Accessible Professional Office Building consists of 6,316 square feet of office space and a third floor finished attic for storage. It also has 1,010 square feet of unfinished basement for storage. The office space itself can be separated into four individual office areas if needed. The spaces is currently rented for $12,500 per month plus utilities consisting of electric, gas, janitorial, telephone, internet, tenants insurance. The Landlord pays taxes, insurance, Maintenance, the 105 Building Common Area quarterly fee and the Penn Crest Condominium fee quarterly fee. The tenants lease expires 2/28/26 with 180-day notice to terminate by either party during the renewal term. The tenant can exercise an option to extend the lease with 120 days notice, prior to expiration of lease for an additional 5-year period. The features of the second floor Suite #2051 and 105 building are:There is a picturesque two story open lobby with turned staircase and elevator to the second floor or basement. Each floor has its own private entrance off the lobby to their suites. The 2051-second floor suite consists of an entrance leading into an inviting waiting area. Off the waiting area are multiple individual offices, many cubicle areas and conference rooms as well as a break/lunch room.There are five HVAC units for the second floor suite located in the Attic to provide comfortable zoned heating and central air throughout the space. TThe Building Common Area fees of are $3332 per quarter, which are paid by the owner. These costs, shared equally with the first floor unit are water, sewer, common area janitorial, and alarm and sprinkler costs, building foundation landscaping, management fee, building insurance, elevator expenses, common electric, and common area repairs.This 105 Building and Unit are part of the Penn Crest Condominium Association, which consists of two office buildings and a shared parking lot. The Penn Crest Condominium Association dues of $2887.50 per quarter cover the 50% shared portion of the trash removal, common area landscaping, all snow removal, common area insurance, management fees, maintenance and repairs ,legal and accounting, electric. This complex consists of plenty of parking for all the buildings, outdoor picnic tables and is conveniently located off Route 202. It is 2 minutes from Rt 309 and the Montgomeryville area and about 15 minutes to the PA Turnpike and Doylestow